“While our scheduled time frame to reverse the comparable-store sales decline at the Speedy locations proved overly optimistic, since September we have made considerable progress in improving their performance.”
“The need is $325 million of cash. That is what our investment bankers tell us. That's what our creditor committee tells us. ALPA is fervently urging the court to say it isn't so. We're telling them it is so. We wish we didn't need $325 million of cash. But the need is real.”
“It takes time to turn around an operation this large. But the reality is, Delta has to turn around its financial performance very soon and very dramatically if it is to survive.”